Author Topic: Specialty car insurance  (Read 388 times)

Offline "Cadillac Kid" Greg Surfas 15364

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Specialty car insurance
« on: January 03, 2018, 02:42:02 PM »
There was an insurance co. mentioned in a recent thread that seemed to have  fewer restrictions. Does anyone recall the company?
Greg Surfas
Cadillac Kid-Greg Surfas
CLC #15364
66 Coupe deVille (now gone to the UK)
72 Eldo Cpe  (now cruising the sands in Quatar)
73 Coupe deVille
75 Coupe deElegance
76 Coupe deVille
79 Coupe de ville with "Paris" (pick up) option and 472 motor
514 inch motor now in '73-

Offline chrisntam

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Re: Specialty car insurance
« Reply #1 on: January 03, 2018, 09:05:59 PM »
Hagerty?

I've read their policy and don't "recall" seeing any restrictions (that I can recall).
1970 Deville Convertible  MTS 507
Dallas, Texas

Offline "Cadillac Kid" Greg Surfas 15364

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Re: Specialty car insurance
« Reply #2 on: January 03, 2018, 10:31:31 PM »
The company I was looking for is American Collectors Insurance.  I went back and did a search and found it.
Thanks
Greg Surfas
Cadillac Kid-Greg Surfas
CLC #15364
66 Coupe deVille (now gone to the UK)
72 Eldo Cpe  (now cruising the sands in Quatar)
73 Coupe deVille
75 Coupe deElegance
76 Coupe deVille
79 Coupe de ville with "Paris" (pick up) option and 472 motor
514 inch motor now in '73-

Offline Mike Josephic CLC #3877

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Re: Specialty car insurance
« Reply #3 on: January 03, 2018, 11:36:03 PM »
Hagerty, does indeed, have a number of restrictions as
what you must do to be fully covered.  Better have another
look at the policy.  Just FYI.

Mike
1955 Cadillac Eldorado
1973 Cadillac Eldorado
1995 Cadillac Seville
2004 Escalade
1997 GMC Suburban 4X4, 454 engine, 3/4 ton
custom built by Santa Fe in Evansville, IN
2011 Buick Lucerne CX
-------------------------------------
CLCMRC Museum Benefactor #38
Past: VP International Affiliates, Museum Board Director, President / Director Pittsburgh Region

Offline jackscad

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  • Name: Jack M. Ehoff
Re: Specialty car insurance
« Reply #4 on: January 04, 2018, 12:12:46 AM »
I know Hagerty requires the car to be garaged.
Jack

Offline Cape Cod Fleetwood

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  • Name: Laurie Kraynick
Re: Specialty car insurance
« Reply #5 on: January 04, 2018, 12:36:38 AM »
I have Hagerty, $170 a year.
There are 2 kinds of cars in the world, Cadillac and everything else....

The Present -1970 Fleetwood Brougham

The Past -
1996 Deville Concours
1987 Sedan De Ville "Commonwealth Edition"
1981 Coupe De Ville (8-6-4)
1976 Sedan De Ville
1975 Sedan De Ville

The Daily Driver and work slave -
2008 GMC Acadia SLT *options/all

Offline TonyZappone #2624

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Re: Specialty car insurance
« Reply #6 on: January 04, 2018, 05:15:05 AM »
Been with J.C. Taylor for 53 years, from their beginning almost.  Just warm, nice people, I don't recall any significant restrictions.  Quick claim attention
Tony Zappone, #2624
1936 Pierce-Arrow conv sed
1947 Cadillac Conv cpe
1958 Cadillac conv cpe
2002 Thunderbird
2002 Cadillac DTS
2016 Cadillac CT6 Platinum

Offline Jeff Wilk

  • J. Wilk CLC # 25630
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Re: Specialty car insurance
« Reply #7 on: January 04, 2018, 05:59:09 AM »
Tony, and everyone for that matter, please please please READ your actual policy and dont simply listen to the nice agents and policy service folks. I had a great 28 year career in the insurance business and can without ANY doubt tell you that it is THE WRITTEN POLICY that dictates your coverage and claim eligibility and NOT what well intentioned nice people tell you including our fellow club members. Also, in MOST cases, we all buy our policies through An AGENT and NOT the actual insurance company. These Agents while well meaning are brokers and may not have even read the policies of all the companies they offer. Example....JC Taylor is a specialty Insurance Agency that when I left them due to hidden restrictions were selling Antique Auto coverage that was being actually insured by the Zurich Insurance Co.   So in the event of an accident the reviews and decisions would have been based on the Zurich Insurance adjusters and WRITTEN policy and NOT the nice JC Taylor agents.

All policies have restrictions. The lower the cost the more restrictions. Also be really careful and be able to back up your claims as well as your adhering  to the terms of your policy...ie...storage...car use for bona fide car club events or shows or parades...mileage restrictions...Driver ages...etc.  simple to do by taking pictures periodically and saving registration docs or flyers for events.

Sorry to rant but trust me in that Ive seen people get very bad surprises when an incident occurs and they did NOT understand their WRITTEN POLICY.  Firms are not out to cheat folks or deny claims but they are in a business and your agreed to policy is what the Insurance co agreed to cover and pay regardless of who said or thought differently.

Buyer Beware!

Stepping off soap box now.....

J Wilk
"Impossible Only Describes The Degree Of Difficulty" 

Central New Jersey

1959 Cadillac Fleetwood Sixty Special
1975 Eldorado Convertible (#12 made)
1976 Cadillac Mirage (factory authorized Pick-Up)
1933 Phaeton Chevrolet - "Baby Cadillac"
1933 Master Sedan Chevrolet - "Baby Cadillac"

SOLD
1958 Cadillac Sixty-Special
1958 Cadillac Sixty-Special
1958 Cadillac Sedan
1958 Cadillac Coupe Deville

Offline cadillacmike68

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Re: Specialty car insurance
« Reply #8 on: January 04, 2018, 07:34:51 AM »
Hagerty?

I've read their policy and don't "recall" seeing any restrictions (that I can recall).

If I recall correctly, you are starting to sound like h clinton.
Regards,
"Cadillac" Mike
Current:
1968 DeVille Convertible
1996 Fleetwood Brougham
2009 STS NorthStar Platinum ed RWD
2011 CTS PRemiun ed Sedan RWD
Past:
2008 CTS Premium ed Sedan AWD
2005 CTS Hi-Feature Sedan RWD
2000 ElDorado ESC Hard Boot Convertible
1995 Fleetwood Brougham
1973 Sedan DeVille
1970 Fleetwood Brougham
1969 DeVille Convertible

Offline 35-709

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Re: Specialty car insurance
« Reply #9 on: January 04, 2018, 09:51:06 AM »
Guess we can't ask who you would recommend.
1935 Cadillac Sedan resto-mod "Big Red"
1973 Cadillac Caribou - Sold
1950 Jaguar Mark V Saloon resto-mod

Offline Jeff Wilk

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Re: Specialty car insurance
« Reply #10 on: January 04, 2018, 10:17:16 AM »
Its really a matter of which firm has the BEST MATCH of YOUR desired usage and storage arrangements coupled with what you want to pay. Now that may sound like a cop-out but its really the beat recommendation anybody can give. Once you have done that research, however, my recommendation is to go with the most reputable and capitalized insurance company. Just remember that the way any insurance co pays its claims is from thee profit portion of the premiums they collect. Its basically a large pool of cash gathered by a lot of small buckets of premiums dumped in. The smaller the company the fewer buckets dumped in which leaves a small pool for them to draw from to Pay claims. Add in natural disasters like hurricanes and wildfires on top of normal claim experience and the small insurance companies DO get into real financial trouble.

For the record.....I have all of my regular coverage for my homes and daily drivers with AMICA and my 5 collector cars with Hagerty.

Jeff W
"Impossible Only Describes The Degree Of Difficulty" 

Central New Jersey

1959 Cadillac Fleetwood Sixty Special
1975 Eldorado Convertible (#12 made)
1976 Cadillac Mirage (factory authorized Pick-Up)
1933 Phaeton Chevrolet - "Baby Cadillac"
1933 Master Sedan Chevrolet - "Baby Cadillac"

SOLD
1958 Cadillac Sixty-Special
1958 Cadillac Sixty-Special
1958 Cadillac Sedan
1958 Cadillac Coupe Deville

Offline 35-709

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Re: Specialty car insurance
« Reply #11 on: January 04, 2018, 10:22:04 AM »
Thanks, I've been with Hagerty for quite some time now.
1935 Cadillac Sedan resto-mod "Big Red"
1973 Cadillac Caribou - Sold
1950 Jaguar Mark V Saloon resto-mod

Offline Mike Josephic CLC #3877

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Re: Specialty car insurance
« Reply #12 on: January 04, 2018, 08:44:10 PM »
Quote: "For the record.....I have all of my regular coverage
for my homes and daily drivers with AMICA and my 5 collector
cars with Hagerty."

Thanks, Jeff for posting some very good information.  Many
people fail to read all of the "fine print" until it's too late. For
the record, I've been with Hargerty for about 20 years now.

Mike


1955 Cadillac Eldorado
1973 Cadillac Eldorado
1995 Cadillac Seville
2004 Escalade
1997 GMC Suburban 4X4, 454 engine, 3/4 ton
custom built by Santa Fe in Evansville, IN
2011 Buick Lucerne CX
-------------------------------------
CLCMRC Museum Benefactor #38
Past: VP International Affiliates, Museum Board Director, President / Director Pittsburgh Region

Offline "Cadillac Kid" Greg Surfas 15364

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Re: Specialty car insurance
« Reply #13 on: January 05, 2018, 09:42:45 AM »
Thanks for the feedback Guys.  My intent was to find if they would insure my '73 CDV with its modifications and my existing conditions.  The answer is yes, a 300 HP increase was okay, but NO, they had to have the car in a garage.
Funny the quote was for just about $600.00 with the same PL and PD as my other ars while I pay just about $700 for an unrestricted policy.
Greg Surfas
Cadillac Kid-Greg Surfas
CLC #15364
66 Coupe deVille (now gone to the UK)
72 Eldo Cpe  (now cruising the sands in Quatar)
73 Coupe deVille
75 Coupe deElegance
76 Coupe deVille
79 Coupe de ville with "Paris" (pick up) option and 472 motor
514 inch motor now in '73-

Offline The Tassie Devil(le)

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Re: Specialty car insurance
« Reply #14 on: January 05, 2018, 05:12:30 PM »
Thanks for the feedback Guys.  My intent was to find if they would insure my '73 CDV with its modifications and my existing conditions.  The answer is yes, a 300 HP increase was okay, but NO, they had to have the car in a garage.    Greg Surfas   
Of course the car has to be in a garage, but it doesn't have to stay there, as if it did, there would be no use owning it.

It has to leave the garage to be used, and if a claim is made whilst it is out of the garage, it will be honoured.   

If using the car, say on a trip, and staying at a Motel or Camping Ground, does the car have to be placed in a Garage?   How many Hotels, Motels and Camping Grounds have individual Garages.   

When I go away with my car, it never sees a Garage till I get home, but the Garage for it is still at home.

It is a bit like Insurance Companies saying that it will offer cheaper policies if the house is fitted with Dead Locks, and a Burglar Alarm.   BUT, there is no stipulation that the Dead Locks be locked, or the Alarms turned on.   Just that they are in place, and operable.

Bruce. >:D
'72 Eldorado Convertible (LHD)
'70 Ranchero Squire (RHD)
'74 Chris Craft Gull Wing (SH)
'02 VX Series II Holden Commodore SS Sedan
(Past President Modified Chapter)

Offline william_b_noble

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Re: Specialty car insurance
« Reply #15 on: January 05, 2018, 08:15:37 PM »
I live in a high priced realeastate area - a garage would be far more costly than the few hundred grand that all my cars are worth - Haggerty, JC Taylor, all the others I've contacted absolutely refuse to insure a car not in a locked garage, so they are of no use - I'm trying to decide whether to just get rid of the cars that I don't want to insure at full cost, or let them sit around blocking the driveway because they are cool, but I cannot license or operate them ever.  sort of a quandary.  The 59 CDV is a good example, ready to drive, but going nowhere... unless I get regular insurance.  sort of sad, isn't it?
Bill N - clc # 2371

Offline The Tassie Devil(le)

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Re: Specialty car insurance
« Reply #16 on: January 05, 2018, 09:55:19 PM »
.......- Haggerty, JC Taylor, all the others I've contacted absolutely refuse to insure a car not in a locked garage,.......
As I said above, what happens when you go, say, to a GN, where the car is parked out in the Car Park for 4 nights?   No insurance cover?

Bruce. >:D
'72 Eldorado Convertible (LHD)
'70 Ranchero Squire (RHD)
'74 Chris Craft Gull Wing (SH)
'02 VX Series II Holden Commodore SS Sedan
(Past President Modified Chapter)

Offline "Cadillac Kid" Greg Surfas 15364

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Re: Specialty car insurance
« Reply #17 on: January 05, 2018, 10:23:38 PM »
Cars are covered at car events, out in the open in parking lots, in motel parking lots, etc. They have to be in a locked garage out of view when at their "home" location.
Greg Surfas
Cadillac Kid-Greg Surfas
CLC #15364
66 Coupe deVille (now gone to the UK)
72 Eldo Cpe  (now cruising the sands in Quatar)
73 Coupe deVille
75 Coupe deElegance
76 Coupe deVille
79 Coupe de ville with "Paris" (pick up) option and 472 motor
514 inch motor now in '73-

Offline Steve Passmore

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  • Name: Steve Passmore
Re: Specialty car insurance
« Reply #18 on: January 06, 2018, 03:07:14 AM »
As I said above, what happens when you go, say, to a GN, where the car is parked out in the Car Park for 4 nights?   No insurance cover?

Bruce. >:D


The insurance companies here cover events like that but you have to notify them of the details.
Steve

Offline The Tassie Devil(le)

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Re: Specialty car insurance
« Reply #19 on: January 06, 2018, 04:52:57 AM »
Boy, regulations.

Down here, with my Insurance Company, as I am on Concessional Registration, and thereby cheap insurance, the outings I take my car on are catered for under the specifics of the registration, I can go anywhere.

Before I got crook, I was going to drive my car from Hobart, to Busselton in Western Australia, across the Nullabor Plain, and come home via Darwin and Cairns.   Yes, circumnavigating Australia, and was going to be away about 3 months.   In all that time, I would not envisage it being in any garage overnight, except for a grease and oil change when it was required.

My Insurance Company is for Motoring Enthusiasts.

Bruce. >:D

PS.   A friend drove his stock A Model Roadster to Alice Springs and back many years ago, and a lot of gravel roads then.
« Last Edit: January 06, 2018, 04:55:08 AM by The Tassie Devil(le) »
'72 Eldorado Convertible (LHD)
'70 Ranchero Squire (RHD)
'74 Chris Craft Gull Wing (SH)
'02 VX Series II Holden Commodore SS Sedan
(Past President Modified Chapter)